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Great Neck Estates, NY Real Estate


According to census data in the year 2000 there were 965 housing units in Great Neck Estates. This represents a 0.2% growth from 963 in 1990.

Of those housing units, 965 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Great Neck Estates is about 94.9%. Great Neck Estates's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 3.02 people.

The majority of houses, apartments or condos in Great Neck Estates were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.80%
Two Bedrooms8.10%
Three Bedrooms20.50%
Four Bedrooms31.60%
Five Bedrooms or more33%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1939
Median Value of occupied units$804,100
Median Price asked for vacant units$625,000

Rented Homes, Apartments and Condos

Average Household Size4.08
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan6.20%
Simple Mortgage51.40%
Debt Free39%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.6%